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20130416
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the boston terrorist attack continues next with neil cavuto. ♪ an update on the sperm tax. [laughter] >> the clock is ticking. taxes are due but most americans now pay someone else to do that because the rules are so complex. >> i have an accountant. >> you don't want to do it yourself. >> i have no idea and i promise this is true. >> he does my taxes. i don't want to pay him but i have to because i understand the rules. i bet you don't either. tonight we will test to. >> one state offers a $50 tax credit for losing both arms. >> that shows how crazy the irs took your money to make the film that without them the earth would be in chaos. >> money laundering, bribery >> some people want higher taxes, but we are already taxed to death. that is our show. tonight. john: justice oliver wendell holmes once said taxes are what we pay for a civilized society. liberals like to cite that but he said that in 1927 when taxes were just 10 percent of gdp. that is enough to pay for a civilized society but government has grown so far far, so fast it is now spending 40 percent of gdp. is to
's winter of discontent, when britain had double-digit inflation, a top income tax rate of 83% and rising unemployment. and she revolutionized the economy with free-market ideas in her ten years of service that ushered in a new decade of prosperity. when she took office, the top income tax rate was 83%. it was cut to 60% and then to 40%. the middle tax rate was cut to 30%. and the lowest tax rate was eliminated altogether. when she took office, the top corporate tax rate was 53%. she cut it to 35%. the top capital gains tax rate was a stifling 75%. thatcher cut it to 30%. and as a result, a progrowth policies, unemployment fell from a high of 12% early in her tenure to 7.5% near the end. public spending as a percentage of g.d.p. fell from 45.1% of g.d.p. to 39.4% of g.d.p. and inflation fell from almost 22% in 1979 to a low rate of 2.4% in 1986. but perhaps the most telling tribute to margaret thatcher's leadership is that three days after she gave her britain await speech, that heroic speech she was dubbed "the iron lady" in the communist news outlet "the red star." when your military en
shamelessly cynical in writing laws and bending rules to favor the one percent. and that includes the tax code. so, on monday, when you send in your tax returns, think about this. corporate profits are at record highs. but have those companies invested that in new jobs? no. did they at least give their workers a bump in pay? hardly. surely they shelled out a little more in taxes to help refurbish the social structure, highways, bridges, schools, libraries, parks, where they do business! guess again. corporations are sitting on $1.7 trillion of cash. look at this report just published by pirg. the public interest research group, on how average citizens and small businesses have to make up the $90 billion giant companies save by shifting profits toffshore x havens. among the 83 publicly traded corporations named, pfizer, which for the past five years reported no taxable income in the us, even as it made 40% of its sales here. microsoft, which avoided $4.5 billion in taxes over three years by shifting its income to puerto rico. citigroup, which maintains 20 subsidiaries in tax havens and has over
, because if i owe $2,000 to you guys on my income taxes, do you guys say you can pay off a little at a time and then pay the rest of over a long time without being penalized? that is garbage. host: congress man? guest: there's a provision, if i'm not mistaken, if there are back taxes due, the people beyond $2,000 that is the feet that is being required in order to help pay for the processing of individuals, that will also be demanded as well. two-sided sort. -- sword. many of these undocumented workers in various industries in this country pay into a great deal of federal taxes, whether it is deducted for their payroll for social security, fica, etc., with no opportunity of ever retrieving or utilizing that tax, because they are prohibited from taking any federal program. also, one of the areas in which there will be some consternation is the fact that even though they have a work visa and are working toward a permanent status, all public benefits will be denied to 11 million people that qualify for this program. host: on twitter -- guest: yes, and parts of the criteria is going to be exact
would have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. rubio says that system would be triggered only if certain border security benchmarks are met. >> that means securing the border, universal e-verify and the universal entry-exit tracking system. if those three things are not in place that green card process won't begin even if the ten years has elapsed. >> ifill: but some republicans were skeptical including alabama senator jeff sessions. >> no, i'm not convinced. i know senator rubio's heart is exactly right. i really respect the work of the gang of eight. but they have produced a legislation that will give amnesty now, legalize everyone that is here effectively today and then there's a promise of enforcement in the future. >> ifill: white house press secretary jay carney said today the administration believes it's possible to satisfy concerns on both sides. >> these are compatible ideas enhancing border security, allowing for a clear path to citizenship that requires a number of very specific steps. so the president is very
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, you'll see employers make that decision. they will not want the tax, the penalty, and the interest liability that goes along with a tax violation. that's a clear piece, it's not a piece of policy being discussed by these people because they are not serious about solving this problem in the way rule of law people would be. e-verify won't be enforced adequately to be effective. it could be passed, i think it could be passed as a condition but next one is, finish the border fence. we have that language in place now. we passed a 700-mile border fence language, actually 854 miles and that's because the border is crooked in some 40 es and we've got about miles of effective fence system of follow through on the existing law we have, is my recommendation. we don't have to have a new law to build a fence. build the fence, secure the border, then come back and tell us you have actually accomplished that. let's watch this thing with drones and see if that's taken place. we know from the last drone report the border patrol even drone assisted were not interdicting half of those attempting to c
-earned tax dollars to go after waste, fraud and abuse, i introduce h.r. 1502 -- listen up -- the social security disability insurance and unemployment benefits double-dip elimination act of 2013. this bill would stop people from receiving disability at the same time they are receiving unemployment. under current law, a person can receive both disability and unemployment at the same time. this isn't right. just doesn't make sense. i don't know how someone can be able and available to work and also be unable to work because of a disability. i urge my colleagues to support this commonsense bill in order to help make sure the disability program is there for those who truly cannot work. president obama also included a similar proposal in his budget, and i look forward to working with the administration to get this bill signed into law. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from california rise? >> mr. speaker, i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman i
request is woefully late and full of gimmicks, tax increases, generally unhelpful, but we will persevere. let me begin by taking the opportunity to thank the members of the military for their service, their sacrifice that you are representing here today. as this subcommittee has done in the past, we want to reaffirm our commitment to providing our war fighters with the tools, the training, the equipment and the support necessary to carry out vital security missions throughout the world. appreciation for the members of the military and their service can't be overstated. with continued instability in the middle east and northern africa, to the evolving challenges in the asia pacific region, especially north korea, there's no question that those who serve under our flag these days are doing so during a very critical period in our history. world events often remind us that our country, our freedom, our way of life remain a constant risk and we must take measured steps to protect the values that we hold. in this volatile world, increasingly, we are facing enemies both foreign and domestic. we
happened in waco. one more quick note about the timing. yesterday was tax day for everyone in this country but here in boston it was patriots day which commemorates the battles of lexington and concord, the start of the u.s. revolutionary war. big day not only for the country but boston. >> what was supposed to be a celebration turned out differently. let's go back to new york and savannah. >> matt on monday evening president obama spoke about this tragedy offering his thoughts and prayers to the city and vowing justice to those involved. i happened to sit down with him shortly before these explosions and we talked about a number of things in the headlines. we began with the gun legislation before congress that many say is now hanging by a thread. >> i think we've got a good chance of seeing it pass if members of congress are listening to the american people so let's just take the example of background checks. 90% of americans think that we should make it tougher for criminals or people with serious mental illnesses to obtain a gun, and so the notion that congress would defy the overwhelmi
which exist today , filed the claim, like they do there taxes, apropos to say that today. it goes directly into the ems without advertising. we completed that whole peace this year in january, without advertising it we have 500 claims. and because directly in, never turns into paper and allows us to immediately start working and today we don't have 3 percent in paper anymore, we have 3 percent electronic. we have 14 percent of our paper already converted to electrons just this january the 28. i have more than 116,000 electronic claims now, electronic folders that we did not have before. this week will have another six regional offices on the new system. >> mr. secretary, the va backlog reduction plan shows that in order to eliminate the backlog by 2015 the va will need to decide over 1 million claims this year. but the va is projecting in the budget submission that it will decide 335,000 fewer claims in 2013 and 2014. so can the va reached 2 million claims in 2015? that would be an 92% increase in productivity over the 2012 level . >> i am sorry. i don't exactly know your numbers,
to help that i mean, this is a marathon. it is a taxing event anyway. they have got medical personnel right there at scene because so many runners are just absolutely maxed out when they cross the finish line. >> exactly. as we do here in new york city, we have medical tents set up, a lot of them at the finish line. it was great the doctors and first-responders were there to help administer care. the problem is they're not set up for an explosion or disaster of this sort but definitely helps to have the medical care present. jon: you say one of the things people should be alert for in the weeks and months, years to come is ptsd, posttraumaic stress disorder. >> yes. after a event like this which is horrific in nature, it also stirs deep emotions in lots of people. people will become depressed and many will suffer recurrent nightmares and visions of this type of trauma if they were actually there and witnessed it. we have to be alert for that occurring in both adults and children. anybody who was witness to this is subject to that it is something we have to keep a close watch on becaus
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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